OREANDA-NEWS. A.M. Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-”of Sompo Japan Nipponkoa Insurance Inc. (SJNK) (Japan) remain unchanged following its announced acquisition of Endurance Specialty Holdings Ltd. (Endurance) [NYSE: ENH].

This Credit Rating (rating) commentary follows SOMPO Holdings, Inc.’s announcement on Oct. 5, 2016, that its wholly owned subsidiary, SJNK, has entered a definitive agreement to acquire a 100% stake in Endurance.